News

Penny Streeter and family

For someone whose first business went bust in 1991, Streeter, 41, has made a remarkable recovery. Today, she runs Ambition 24Hours, which meets the strong demand for qualified nursing staff. The Croydon operation has diversified into the social care sector and runs a locum service for doctors. Streeter and her family own all the business, which made £1.3m profit on £29m sales in 2006-07. This was a sharp fall on the previous year, reflecting the fact that Streeter has moved some of the business to South Africa. But adding in her £2m salary would take the profit to £3.3m. That justifies a £30m value on the British arm. We add £12m for past salaries and dividends.